We Are Recruiting, Says NNPC

The Nigerian National Petroleum Corporation ( NNPC) says it has opened its portal for recruitment of fresh graduates and experienced professionals into the system. Mr...

FG Signs MOU For Local Production Of International Passports

The Ministry of Interior, Iris Smarts Technology Limited and the Nigeria Security, Printing and Minting PLC have signed an agreement to begin the production...

Buhari Flags Off Oil Drill In Northern Nigeria

The long awaited dream of oil and gas exploration in the northern part of Nigeria became a reality, yesterday, as President Muhammadu Buhari flagged...

Femi Otedola Divests From Forte Oil

Nigerian businessman, Femi Otedola, has agreed to sell the entirety of his 75 per cent direct and indirect shareholdings in Forte Oil.   In a letter...

Nigeria’s Unemployment Rate Rises To 23.1% – NBS

After months of delay, the National Bureau of Statistics on Wednesday finally released the Labour Statistics Report for the third quarter of this year...

Access, Diamond Bank Signs Acquisition Agreement

There are indications that Access Bank Group is close to acquiring Diamond Bank Plc, The Recorder has learnt. A senior official of Access Bank, who spoke on...

$8.1bn Refund: CBN, MTN Opt For Out-Of-Court Settlement

MTN Nigeria Communications Limited is currently in talks with the Central Bank of Nigeria (CBN) for an amicable resolution of the dispute which arose...

FG, States, LGS Shared N2.28tn In Q3 2018

Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of Nigeria’s government has witnessed a steady increase in three consecutive...

Senators Query Reduction Of MTN $8.1bn Fine To $800m

The upper chamber of the National Assembly on Tuesday queried the rationale behind the plan by the Federal Government to reduce the $8.1 billion...

Teleology Takes Over 9mobile, Appoints New Board Of Directors

After series of twists and legal turns in the takeover process of 9mobile, Teleology Technology Limited on Monday officially took over the operational affairs...
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Metering Is DisCos Obligation, NERC Insists

The Nigerian Electricity Regulatory Commission (NERC) Monday insisted that obligation of ensuring that electricity consumers are metered, remains with the Electricity Distribution Companies (DisCos)...

Over N1.3trn Was Stolen Under Jonathan’s Governemnt  -Magu

Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says at least N1.3 trillion was stolen between 2011 and 2015.   Magu said...

We’re No Longer Responsible For Electricity Meters, Discos Tell Consumers

Electricity distribution companies in Nigeria’s power sector Sunday declared that they have been freed from the responsibility of providing meters to power consumers under...